Story put out May 6th 2014 from Seeking Alpha about the debate between the Canadian Rule changes put in place of MMPR verses MMAR the old MJ rules and the implied reasoning and logic to why Canada instituted the changes.(Possible why license is being held up since a judge did rule and appeal was warranted - don't know if that is still in effect or not - haven't got that far into it). but this will get you to do more DD and explain more into why so many bashers may be here - They may also be old rule growers under MMAR rules ?) - I'm trying to help explain issues and DD / research for all to know the truth.
It deals with the old MJ growing rules and now why the new rules are being adopted - Brief summary: Security from side sales / and criminal elements involved - Quality control of strains / products and mold - Grower in Residential areas and now they want to move them to outlining districts - Pollution control - move to outlining areas to get them away from children / schools etc. Better controlled and inspected.
Worth the read if you are investing you money here IMO.
GLTA FITX investors.
I thought the company they were waiting to buy into was one that was in Canada that was going after license - Not this AMFE -AMFLI Technologies Co. / plus they don't grow MJ that I'm aware of only sell equipment and material to the industries.
Anyone - Can you clear this info. up so the board better understands what is going on?
I still think the Co. they had targeted and got and advance ok to buy into providing they receive the License was a Canadian Co. and I was "GUESSING" it sounded a lot like FITX.
Can anyone elaborate further on these opinions I am posting here?
GO TO DRUG AND HEALTH CARE FREQUENTLY ASK QUESTIONS TO FIND OUT MORE.
They have new rules for grower of personal use , and in some cases a person can grow for personal use and sell some to commercial growers but they have a bunch of hoops to go through and license , a lot of the rules from old grow to new commercial are changed in Canada - all transitioning as of Mar 31 2014 / to Apr. 30 2014 / lot of complicated issues need ironed out - so it is natural that HC has gotten the cart in front of the horse and became overwhelmed some / but in the end things will all work out - I'm sure.
They did not need to be licensed - and grew for personal use etc.
Now : All former growers are suppose to destroy their plants / products by March 31 2014 and NOW have to apply to for a license that only covers commercial grow - the old growers can face prosecution under the new law , that is another reason some bashers may be here - Basement growers that sold some on the side now can be arrested???? Read the rules on HC website to be more informed as to reasoning of issues and bashers - Pumpers are here to try to influence the PPS up -
It is call Agendas PLAIN AND SIMPLE - POSTER HERE ARE FOR SOME REASON NOT JUST CAUSE IT IS A NICE DAY.
DISCLAIMER - I OWN THIS STOCK AND WANT IT TO MAKE MONEY - LEGALLY , AND BY THE RULES , I TRY TO RELAY FACTS AS I UNDERSTAND THEM AND GIVE REFERENCE POINTS TO VERIFY - BUT I TOO HAVE AND AGENDA - TO MAKE MONEY OR I WOULD NOT BE HERE.....
That is a Fed portrayed read from free money given out through the printing presses - In reality - The currency is valued way less today and could take a big hit soon , employment is ebb / tide , world unrest , Gov. Debt still going up with no end in site , immigration stalemate , over military spending in foreign lands with non - being directed to infrastructure? You may be in for a surprise. ( Now if the US Gov. were to start to spend money on interior projects and not give it away overseas , cut some military projects , compromise on issues I would sell all my Precious Metal Plays andput the money under my mattress / LOL
Me I'm betting on Up Side and have my money in , You in turn can put your money where you mouth is and play short - let the best DD show through.....That is what is is about
There are 13 companies that have license issued already (it is said there are really 20) - So I see 20 possible reasons that bashers are so against FITX getting one. but could they be 1 of the 7 not listed on HC website? or There are hundreds that have applied so that is my belief why we have so many Bashers here Ma / Pa Basement Growers want to stop such a high level potential grower - FITX
Type in Health Canada website and view the information supplied via the Canadian Gov.
Go to the site map click on it and scroll down to companies issued license - then view the MM program rules etc. good reading and informative to the investor - something about only 50 license will be issued - stringent rules covering quality / process - So once FITX get license they will be among the chosen to service Canada's Health System....
GLTA FITX Investors.............
At the least it would have allow for more public exposure - but then you guys know Bret Knows Best , He is your Leader and Runs The Company - Maybe you could also ask him to put out Financial statements so the Public potential investors would know what the bottom line is? / and those of us that hold stock here also could know what they are?
Good Luck with that too.........
Soon , Very Soon - all will be cultivated and bliss growing under the lights....and the smell of FITX weed will be in the air gravitating over the great land of Canada! - Pass the jug of Kool-Aid , Bill.
That's is because he is his twin - sister / LOL They think they are going to be the next grow licensee to get a license issued from HC - Not you lose all your bashing just reinforces your totally scared of FITX potential to crush your Ma / Pa Grow Op you think your getting........
Say a thousand words but please don't type a post here that long , we would have the license by the time you got done typing with your index finger - I do have a finger for you to rotate on jerk..... ~ l ~~
You shorts also need to take notice - in today and guess what - Look at AH - still going UP - Thank you shorts for you $dollars$ and push to more Profits. In since Nov. 2013 Long - GLDX in at $11.06 - Now over $16.96 and took 1/3 profit from you short clowns there too. Gold going to $1390 / $1425 - Silver to $24.50 IMO
With so many trying to hurt this stock it is my opinion they can not be shorts , since shorting a .05 stock is totally stupid - So it must be the competition is scared of what will happen once FITX gets License and is running as a functional business model.
Those other Want-A-Bee-Growers are truly worried as to the volume and size FITX is bringing to the market place - IMO...............Only logical reason so many are staying here for hours daily trashing the stock - since most don't have a position here or claim to have lost a few dollars and that is why they devote so many hours of the day bashing a stock they no longer own.
Please listen to them and sell the farm to short here and find out what happens - Hope you brought a lot of covers , cause you'll need them - LOL